Last Sold Price
6 beds2,519 sqft$226/sqft
862 Locust St, Fall River, MA 02720

Description

Welcome to 862 Locust Street, your first potential investment property! This three unit multi-family property includes all two bed one bath units that offer comfortable and functional living space. Situated next to amenities such as parks, schools and highway access to ensure convenience. This home is an ideal opportunity for first-time investors or those seeking to transition from renter to investor, living in one unit while renting out the others. All units have separate utilities. Current rents...Welcome to 862 Locust Street, your first potential investment property! This three unit multi-family property includes all two bed one bath units that offer comfortable and functional living space. Situated next to amenities such as parks, schools and highway access to ensure convenience. This home is an ideal opportunity for first-time investors or those seeking to transition from renter to investor, living in one unit while renting out the others. All units have separate utilities. Current rents are below the market. This property has potential for added value and income with some updates. This three-family property is currently undergoing a full exterior facelift. The building is being freshly repainted, with all exterior woodwork, soffits, and trim updated. The entire exterior will be completely renewed and finished prior to closing, offering the new owner a beautifully refreshed, move in ready building.
LISTING CLOSED: 03/02/2026 12:00 AM

  1. Listed by Nicole Rusin • Lamacchia Realty, Inc.

Property Details for 862 Locust Street

Status
MLS #
73444932
Days on Market
98
Taxes
$4,785 / year
HOA Fees
-
Property Type
MLS Type
Multi-family / 3 Family - 3 Units Up/Down
Year Built
1900
Town
Fall River
Area
MA-Fall River
Garage Spaces
0
Open Parking Spaces
.00

Location

Listing Courtesy of Lamacchia Realty, Inc., Nicole Rusin

Sold By Keller Williams South Watuppa, Laurie Cabral

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Building Information for 862 Locust Street

Stories3Residences3Year Built1900Building Size-Lot Size0.09 AC / 4,072 SF

Payment Calculator

$3,296 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,897

Property Taxes

$399

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 862 Locust Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Current Financing: Other
  • Living Area: 2519.0
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Concrete Floor
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Tile
  • SpaYN: No
Exterior Features
  • Exterior Features: Stone Wall
  • Exterior Features: Stone Wall
  • View: City View(s)
  • View: Yes
Parking Features
  • Covered Spaces: .00
  • Garage: No
Utilities
  • Electric: Common, Individually Metered
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: This property is being sold by the property owner,who is also a licensed Realtor.
Tax Information
  • Tax ID: 2832361
  • Assessments: $417,900
  • Book: 9964
  • Tax Year: 2025
  • Zoning: B
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Brick/Mortar
  • Levels: 3
Income / Expenses
  • GOI: $46,800.00
  • NOI: $46,800.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: N
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $3,900.00

Property History for 862 Locust Street

DateEvent & SourcePriceAppreciation
Mar 2, 2026

Sold

MLS PIN #73444932

$570,000
Jan 23, 2026

Under Agreement

MLS PIN #73444932

Jan 23, 2026

Contingent

MLS PIN #73444932

DateEvent & SourcePrice
03/02/2026

Sold

MLS PIN #73444932

$570,000
01/23/2026

Under Agreement

MLS PIN #73444932

01/23/2026

Contingent

MLS PIN #73444932

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 862 Locust Street

Taxable ValueLand$122,800Additions$295,100Total$417,900
Tax Record2025$4,785 ($399 / month)
Home Facts
Baths3Total Finished SqFt2,519 SqFtAbove Grade Finished SqFt2,519 SqFtUnfinished Basement SqFt988 SqFtStories3Lot Size2,901 SqFtStyleTriplexYear Built1900ZoningBCountyBRISTOLAPNFALL M:0M-15 B:0000 L:0048

Schools near 862 Locust Street

This home is within Fall River School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Mary Fonseca Elementary School
PublicPK to 5

Morton Middle School
Public6 to 8

B M C Durfee High School
Public9 to 12

Resiliency Preparatory Academy
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 862 Locust Street, Fall River, MA 02720
$570,000
6
2,519
4,072
7,501
$440,000
6
3,717
4,600
$535,000
9
2,760
2,047
$215,000
5
2,009
2,650
3
2,610
2,235

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lamacchia Realty, Inc., Nicole Rusin

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.